Business Overview:
Established in 2002, this company is a distributor of wholesale and retail office equipment, as well as related consumable items. This company is headquartered on the West Coast and hosts exclusive territories throughout the United States and Canada. The company uses cloud-based technology for remote management. They have a dominant Amazon and online marketplace presence, along with 85% of products trademarked. There is a large inventory of assets with over 4,000 SKUs that contribute to a 60% average profit margin.
Revenue for 2021 was $4,411,364 and 2021 Adj. EBITDA was $556,083.
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Property Features and Assets:
Office building is 1,445 square feet, has 8 x 8 VoIP, and 100M Fiber Optic Internet. The warehouse is at the same location as the office. The space is 14,555 square feet and has a 30 feet ceiling height, 4 shipping workstations, and extensive pallet racking. This company also has equipment included with a forklift (LPG), electric order picker, and reach truck that can do 4,500 Ibs. and 27 foot reach.
Market Competition and Expansion:
Market Competition
Exclusive territories include US and Canada. Along with their website, the company has a dominant presence on Amazon and other marketplaces.
Growth Opportunities
- Multiple new brand trademarked products currently in development
- Expand servicing to chain stores
- Expand servicing to local county printing marketplaces
- Expand into Amazon, eBay, and Walmart marketplaces
- Merge with a company offering complementary products
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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